Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 100 movers: Sainsbury's shoots higher; Flutter falls before results
(Sharecast News) - London's FTSE 100 was flat at 8,214.33 in afternoon trade on Tuesday. Sainsbury's was the standout gainer as data from Kantar showed that in the 12 weeks to 4 August, the supermarket chain recorded its biggest market share gain since 1997.
Housebuilder Persimmon was also a high riser after Bellway said it was abandoning its pursuit of Crest Nicholson.
Admiral was in the black after Citi said had issued a "positive short-term view" on the stock ahead of its first-half results on 15 August.
The bank said it currently sits around 8% ahead of consensus on motor pre-tax profit and around 9% on group pre-tax profit as it believes consensus looks conservative.
"We update the UK motor market ahead of 1H results where we see an improving motor claims picture being led by lower damage inflation and lighter claims frequency as we see current claims inflation guidance from companies as conservative as repair volumes are circa 8% below pre-Covid levels," it said.
On the downside, Flutter Entertainment slumped ahead of second-quarter results later in the day.
UBS said that following US peer DraftKings' downgrade of its EBITDA guidance and "well telegraphed taxation headwinds in the US there is material uncertainty over whether Flutter will be able to reiterate their FY24 US aEBITDA guidance".
FTSE 100 - Risers
Sainsbury (J) (SBRY) 276.60p 2.60% Persimmon (PSN) 1,602.00p 1.55% Standard Chartered (STAN) 733.00p 1.52% United Utilities Group (UU.) 1,003.00p 1.44% JD Sports Fashion (JD.) 122.00p 1.37% Severn Trent (SVT) 2,548.00p 1.35% Tesco (TSCO) 337.60p 1.23% National Grid (NG.) 990.20p 1.21% Fresnillo (FRES) 546.50p 1.20% Admiral Group (ADM) 2,729.00p 1.15%
FTSE 100 - Fallers
Flutter Entertainment (DI) (FLTR) 14,375.00p -2.11% Antofagasta (ANTO) 1,847.50p -1.70% Smith & Nephew (SN.) 1,140.50p -1.34% Burberry Group (BRBY) 664.20p -1.01% Marks & Spencer Group (MKS) 320.00p -0.99% Glencore (GLEN) 406.60p -0.89% Anglo American (AAL) 2,215.50p -0.76% Hikma Pharmaceuticals (HIK) 1,989.00p -0.65% Spirax Group (SPX) 7,665.00p -0.65% Vodafone Group (VOD) 74.00p -0.59%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
